Posted: Tue Apr 30, 2013 2:04 am
Any info thanks!
When I had a £8K credit card balance and missed 3 payments several years ago, I was approached by the company I owed money to who said they were willing to wipe the debt for £2.4K. The company knew I was looking into going into an IVA and basically panicked.
I wasn't in the position to make the one of final payment but they as a company wanted me to so I'd suggested making a offer as to weather you'll be able to clear all 3 and still keep half of your savings I personally doubt but you never know.
With the amount of savings you have and the amount of debt you have I honestly don't think an IVA is the best option for you but I'm no professional.
Don't rush into anything.